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20121129
20121207
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Search Results 0 to 6 of about 7
Current
Dec 3, 2012 6:00am PST
got props. the clinton era rates which america will return to in january unless the fiscal cliff is resolved. it brought more revenues than at any point in the 1980s. thank you. [ applause ] >> grover! >> stephanie: norquist and maria commented this is a different environment than the 1990s. grover said we got four years of bad regulation, higher taxes. he wants to add more taxes to the tea party too. it will starve tea party i if obama pushes us over the cliff. [ screaming ] >> can't just wait for tea party three. >> probably about 150 billion. >> stephanie: that would be bad. okay. oh, let's see. phillip in durham disagrees with everything i say. about everything? >> ever! >> stephanie: hi, phillip. >> caller: hi, stephanie. look. appreciate the show. i think you have not been fair to the facts and let me just ask you from the -- what we're talking about -- >> stephanie: the facts are oversensitive in my opinion. >> caller: that's why you're better as a comedian than a political pundit. >> stephanie:
Current
Dec 3, 2012 9:00am PST
on the fiscal cliff negotiations. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's a wrong approach. >> stephanie: which one was that? >> that was six. >> stephanie: okay. no, i wanted 8. >> the white house spends three weeks trying to develop a proposal and they send one up here that calls for $1.6 trillion in new taxes. calls for a little -- not even $400 billion in cuts and they want to have this extra spending that's actually greater than the amount they're willing to cut. it was not a serious proposal. >> not serious. >> so right now we're almost nowhere. >> stephanie: here's the reason why we're almost nowhere. [ ♪ "world news tonight" ♪ ] boehner declines to name certain entitlement cuts. asked what specific cuts over the fiscal cliff he pointed reporters to previous budgets declining to name further -- >> stuff. >> stephanie: then he said there is a stalemate because -- >> stalemate. do not put anything on the
MSNBC
Dec 5, 2012 9:00am PST
the country will think republicans are to blame if we go over the fiscal cliff, six out of ten voters in november said the tax rates should go up, how much longer can he afford to politically keep this pledge and he said look, you heard it there, the rates when we close the revenues, loopholes will go up on the rich people. that still is the mindset. what's interesting, is talking to republicans leaving the house conference gop conference this morning, there is a lot of support for speaker boehner. there aren't cracks like there were during the debt limit where he had a faction that was lining up against him wholeheartedly. even after yesterday we heard all the stuff of fallout from the conservative right against his position, that conference this morning was pretty supportive of speaker boehner and seem to be -- say something we say way too often here in washington, d.c., doubling down on the speaker's approach, at least here in early december. >> everyone seems to be doubling down, luke. i mean the idea that now nobodies's moving at all. i thought it was interesting that boehner is
FOX News
Dec 5, 2012 3:00am PST
approach this fiscal cliff and the president gets his way. he is digging in his heels on higher tax rates on upper income earners. that will be a little bit more from those people. >> steve: i don't know if you were listening, i know you were in the hall, but a moment ago i mentioned the fact that in investors business daily today, they talk about the president is pushing to get things toward the bill clinton tax rate. he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the econ
CSPAN
Nov 30, 2012 2:00pm EST
the fiscal cliff? guest: if we go off the cliff, the rate will go up to 39.6%. the low bracket will go away and the lowest tax bracket will be 15% if we go off the cliff. 15% to 39.6% if we go off the cliff. caller: what about the other rates? host: we have a question on twitter. guest: you don't pay taxes on losses. a you're making profits and picture up over $250,000, that could result in a tax increase that kicks you over $250,000. caller: we need jobs in this country. i hear all this money being talked. the average worker -- i am lucky i get 30 hours. they're cutting down to 20 hours at wal-mart. i had a good manager. i notice a woman comes in. she says we can get anybody to work. you talk about the tax credits. most of us have no chance of getting anything like that. this is too low republicans and democrats. fascism and communism, it was always party first. that's what our country has come to. we have to come together as true conservatives and true democrats and come together. guest: one of the big lessons we should take away -- we should look at whether these tax incentives result in
CSPAN
Dec 5, 2012 8:00pm EST
on different aspects of the fiscal cliff. we want to look at capital gains tax and the estate tax. what is the estate tax? guest: it goes back to history -- it was put in place to prevent the united states from developing an aristocracy. a tax on estates that are passed down to heirs. republicans called the death tax. they have characterized it as a bad thing. it has a lot of a populist opposition to it. george w. bush signed in a phase-out of the estate tax. the top rate stays at 55%. the exemption level started rising from $1 million and going up. it was repealed completely in 2010 for one year. then it sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. red-leaning states like max b
FOX News
Dec 5, 2012 6:00am PST
creditors and there may be others in the pipeline. bill: negotiations on that fiscal cliff and his first one-on-one television interview since reelection president obama says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue through closing loopholes abductions, it's going to be middle class families that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more ef
Search Results 0 to 6 of about 7